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Monthly Japanese Industry and Policy News May 2023

Topics covered on the May 2023 issue:

・This was compiled by Weekly Japanese Industrial and Policy News.

Legislation and Policy News
-    G7 Digital and Technology Ministers' Meeting Held
-    Nishimura, METI Minister and Pannier-Runacher, Minister of Energy Transition of France sign joint statement on nuclear energy cooperation
-    METI names initiatives related to data integration “Ouranos Ecosystem”
-    NATO may set up liaison office in Tokyo
-    G7 Finance ministers and central bank governors meeting concludes
-    Commercialization of e-fuel in the first half of the 2030s, Ministry of Economy, Trade and Industry ahead of schedule
-    METI introduces new regulations on Toys
-    Prime Minister Kishida holds talks with executives of seven major semiconductor companies of the United States, Taiwan, and South Korea
-    G7 summit concluded
-    G7 Hiroshima Summit Leaders’ Communiqué announced on the day before the final day
-    UK-Japan partnership agreements issued in renewable energy and semiconductor fields
-    METI implements export restrictions on semiconductor manufacturing equipment, etc.
-    APEC trade ministers suspended joint statement
-    METI Minister holds ministerial meeting of Japan-U.S. Commercial and Industrial Partnership (JUCIP) with U.S. Secretary of Commerce
-    IPEF Ministerial Meeting held
-    METI sets investment standards for securing resources
-    Japanese government joins High Ambition Coalition (HAC) to combat plastic pollution
-    Stablecoin in Japan to be issued within the year
-    GX Power Supply Act enacted to enable nuclear power plants to operate for more than 60 years
-    IAEA reports comparison of analyzes of ALPS-treated water by institution

Survey and Business Data
-    Ammonia co-firing will spread pollution, Finnish private research institute estimates
-    University-originated start-up companies increased by 477 year-on-year
-    Industry organization targets 30% of electricity in 2050 from wind power
-    Patent information analysis indicates Japan’s strong presence in the field of Green Transformation Technologies

Company & Organization News
-    Mitsubishi Corporation, a joint venture with a Swiss company to buy and sell CO2 emission allowances
-    MHI concludes comprehensive license agreement for CO2 recovery technology with Italian company
-    Mitsubishi Corporation launches Japan's largest decarbonization fund
-    Belgian semiconductor imec establishes base in Japan
-    UK Actis establishes renewable energy company “Nozomi Energy” in Japan
-    NTT establishes new company for commercialization of NTT "IOWN", aiming to acquire global standard for 6G
-    Marubeni launches sales of low-carbon-emission methanol 
-    Kubota and NIES start joint research to build a waste resource recycling system
-    Hydrogen engine startup partners with Israeli company
-    Honda to enter F1 for the fifth time, with Aston Martin from 2026
-    SoftBank and NVIDIA collaborate on data center construction
-    Aichi Prefecture governmental agency develops turquoise hydrogen production technology by direct decomposition of methane

Other Topics
-    "Fugaku" ranked second for the third consecutive period, supercomputer world ranking
-    Small ammonia synthesis facility installs in Ukraine renewable energy project
-    Toyota liquid hydrogen engine car completes 24-hour race
-    IBM, Google, etc. contribute JP¥29 billion to universities in Japan and the United States in the field of semiconductors and quantum computers

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